Category Archives: Natural Catastrophe

The risk manager of the future

Some people miss the good old days. I don’t. I’ve been around since the days when business was done on a napkin with people who were more like buddies than business partners and yes, when the deal was done, there … Continue reading →

Insurance costs and economic costs of wildfire

The wildfires in Fort McMurray, Alberta, Canada earlier this spring brought great destruction and displaced approximately 88,000 people. It is comforting that no deaths have been reported, especially considering the speed and extent to which it spread. The fire was … Continue reading →

Preparing for seasonality, hurricane season and beyond

More understanding of and attention to seasonality in all of its various forms can not only help grow and improve the ILS market but also make the broader (re)insurance markets more effective and efficient. Continue reading →

Dispelling the myth: Hurricane Andrew didn’t happen in an El Niño year

In the 20 or so years that span my reinsurance career the subject of the influence of El Niño–Southern Oscillation (ENSO) on Atlantic hurricanes has often come up. And the topic invariable leads to the following comment “Yes, but didn’t … Continue reading →

A “drought” of major hurricane landfalls? Science weighs in.

Hurricane season is here. Tropical Storm Colin is the third named storm in the Atlantic basin this year, and has brought rough seas, heavy rain and flooding to Florida and parts of the east coast of the U.S. So far … Continue reading →

What could a La Niña mean for insured property exposure along the U.S. coast?

June 1 marked the beginning of hurricane season in the Atlantic Basin for 2016. Willis Towers Watson Wire recently published a blog on our predictions for this season based on Colorado State University’s forecast. With the hurricane season in mind, … Continue reading →

2016 Atlantic Basin seasonal hurricane forecast: Average, but what does that mean?

The 2016 Atlantic hurricane season will likely have activity near the average 1981-2010 season, with 90% probability of U.S. major hurricane landfall. Continue reading →

Fostering Resilience in the Asia-Pacific Region

While there are some encouraging signs of greater resilience developing throughout the Asia-Pacific region, disasters such as the April 2015 earthquake in Nepal remind us of how far we have to go. In addition to loss of life, the damage … Continue reading →

After COP21 How Can Insurance Help us Adapt to Climate Change?

A mix of hype, excitement, cautious optimism, scepticism and just plain cynicism has purveyed the world of climate science and risk management following the latest (21st) Conference of the Parties in Paris, otherwise known as COP21. Continue reading →

Interactive Map of the Nepal Earthquake

Nepal quake

The 2015 Nepal earthquake occurred at 11:56 NST on 25 April, with a moment magnitude (Mw) of 7.8Mw and a maximum Mercalli Intensity of IX (Violent). The quake occurred as the result of tectonic plate movements along the fault line … Continue reading →